Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
32 hedge funds and large institutions have $4.33M invested in Direxion Daily Junior Gold Miners Index Bull 2X ETF in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 14 closing their positions.
700% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 1
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
19% more funds holding
Funds holding: 27 → 32 (+5)
2.07% more ownership
Funds ownership: 5.71% → 7.78% (+2.1%)
12% less call options, than puts
Call options by funds: $11.5M | Put options by funds: $13M
94% less capital invested
Capital invested by funds: $66.7M → $4.33M (-$62.4M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Simplex Trading
Chicago,
Illinois
|
+$24M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$4.62M |
| 3 |
CG
Cutler Group
San Francisco,
California
|
+$4.39M |
| 4 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$1.98M |
| 5 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XS
XR Securities
Chicago,
Illinois
|
-$11.1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.9M |
| 3 |
Jane Street
New York
|
-$4.1M |
| 4 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
-$3.15M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$1.36M |
JNUG Hedge Fund Activity: Q1 2020 in Review
32 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) for Q1 2020, worth a combined $4.33M — down 94% from $66.7M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new JNUG positions and 14 closed out — a net gain of 7 holders — while 8 added to existing stakes and 1 trimmed.
The largest buyer was Simplex Trading, opening a new position worth an estimated $24M. The largest seller was XR Securities, exiting entirely with an estimated $11.1M sold.
- 32 institutional investors held Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) as of Q1 2020, up from 27 in Q4 2019.
- Funds reported $4.33M of Direxion Daily Junior Gold Miners Index Bull 2X ETF stock for Q1 2020, down 94% quarter-over-quarter.
- 21 funds opened new Direxion Daily Junior Gold Miners Index Bull 2X ETF positions in Q1 2020 and 14 closed out, a net change of +7 holders.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF buyer in Q1 2020 was Simplex Trading, an estimated $24M added.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF seller in Q1 2020 was XR Securities, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2020.